Inter Glass

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Inter Glass ASC
TypePrivate
IndustryManufacturing
GenreGlass products
FoundedBaku, Azerbaijan (2008 (2008))
Headquarters
Baku
,
Azerbaijan
Area served
Caucasus region
Key people
  • Fariz Muradov (Director)
  • Alis Muradov (CEO)
Products
  • Glass
  • Glass bottles
Production output
Increase 85 million units
Divisions
  • Inter Glass Georgia
  • Inter Glass Kyrgyzstan

Inter Glass ASC is an Azerbaijani glass manufacturing company created in December 2008.[1] According to the company, it is one of the biggest glass producers in the Caucasus region.[1]

Company overview

Products and services

The company makes over 70 different kinds of glass bottles.[1]

Glass bottles used for soda pop

Location

The company is located at 25, Salyan Highway, Baku, Azerbaijan.[2]

A satellite image of Baku, Azerbaijan. Inter Glass is headquartered in Baku.

Financial

The company’s production is estimated at around 85 million units per year.[3] In 2008, the International Bank of Azerbaijan funded construction of an Inter Glass factory in the amount of $5 million Euro.[4]

People and history

People

The Director of the company is Fariz Muradov.[1]

As of April 2012, the CEO of the company was Alis Muradov.[5][6]

History

  • The company owns a subsidiary called Inter Glass Georgia. Sixty percent of Inter Glass Georgia is owned by Inter Glas, with the other 40 percent owned by a Georgian gas company.[7]
  • Inter Glass Georgia in 2012 began construction of a new plant in Khashuri, Georgia worth over $18 million USD.[8]
  • Inter Glas started another business called Brickwork House Construction Ltd. in 2009. It invested $52 million AZN into a new glass production plant.[9]
  • Inter Glass also has a plant in Tokmak in the Chuy region of Kyrgyzstan that was opened in 2012.[10]

References

  1. 1.0 1.1 1.2 1.3 “INTERVIEW: Fariz Muradov”, The Business Year magazine (Retrieved August 22, 2013)
  2. “INTER GLASS ASC”, AzerbaijanYP.com Azerbaijan Business Directory (Retrieved August 22, 2013)
  3. “REVIEW: Private Eye”, The Business Year magazine (Retrieved August 22, 2013)
  4. THE INTERNATIONAL BANK OF THE REPUBLIC OF AZERBAIJAN: International Financial Reporting Standards Consolidated Financial Statements and Independent Auditor’s Report, December 31, 2008 (Retrieved August 22, 2013)
  5. "Saakashvili has laid the foundation for development of the new enterprise of glass" (translated from Russian: Саакашвили заложил начало строительству нового предприятия стеклотары), Business Time Georgia, April 25, 2012 (Retrieved August 22, 2013)
  6. N.Kirtzkhalia, “Saakashvili attends ceremony of start of construction of Georgian-Azerbaijani JV for glass container production”), Trend Daily Economic News, April 25, 2012 (Retrieved via Nexis on August 22, 2013)
  7. N. Kirtzkhalia, “Saakashvili attends ceremony of start of construction of Georgian-Azerbaijani JV for glass container production”, Trend News Agency, April 25, 2012 (Retrieved August 22, 2013)
  8. Esmerk, “Georgia: Inter Glass Georgia to build glass plant”, Business Georgia, April 25, 2012 (Retrieved via Nexis on August 22, 2013)
  9. “Advanced export-oriented glasshouse appears at construction market of Azerbaijan”, ABC.az, April 2, 2009 (Retrieved August 22, 2013)
  10. “Programme summary of Kyrgyz TV "Ala-Too" news 1330 gmt 20 Jun 12”, BBC Monitoring Central Asia Unit, June 21, 2012. (Retrieved via Nexis on August 22, 2013)





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